ZNO 0.00% 2.3¢ zoono group limited

Money in the bank could could be used for R&D as you said. Also...

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  1. 1,976 Posts.
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    Money in the bank could could be used for R&D as you said. Also means they have a good cash position for potential acquisition that aligns with the business.

    The business may have also been pursued by an institution to perform a cap raise as well. Give them a chance to take up a position in the company. I'm not a holder yet but would be interested to look into who managed the cap raise.
 
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